Zhejiang Kaier New Materials
Zhejiang Kaier New Materials Co.,Ltd. engages in the design, research, development, manufacture, promotion, and sale of functional enamel materials in China. The company offers interior facade decorative enamel materials, enamel panels, green building curtain wall materials, and industrial protective enamel materials. Its products are mainly used in the construction of public facilities, such as … Read more
Zhejiang Kaier New Materials (300234) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.027x
Based on the latest financial reports, Zhejiang Kaier New Materials (300234) has a cash flow conversion efficiency ratio of 0.027x as of June 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥29.88 Million) by net assets (CN¥1.09 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Kaier New Materials - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Zhejiang Kaier New Materials's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang Kaier New Materials Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Kaier New Materials ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wajax Corporation
PINK:WJXFF
|
0.026x |
|
Hua Yuan Property Co Ltd
SHG:600743
|
0.133x |
|
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
SHE:002816
|
-0.058x |
|
Xinjiang Tianshun Supply Chain Co Ltd
SHE:002800
|
-0.079x |
|
ZheJiang Haers Vacuum Containers Co Ltd
SHE:002615
|
0.076x |
|
ALGOMA CENTRL CORP. CD 2
F:ACH
|
N/A |
|
Villeroy und Boch AG Pfd.
LSE:0OPA
|
0.066x |
|
PRIMIS FINANCIAL DL-01
F:7H80
|
N/A |
Annual Cash Flow Conversion Efficiency for Zhejiang Kaier New Materials (2008–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Kaier New Materials from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.14 Billion | CN¥154.32 Million | 0.135x | +47.81% |
| 2023-12-31 | CN¥1.13 Billion | CN¥103.37 Million | 0.092x | +790.72% |
| 2022-12-31 | CN¥1.06 Billion | CN¥10.91 Million | 0.010x | -73.39% |
| 2021-12-31 | CN¥992.22 Million | CN¥38.37 Million | 0.039x | -19.26% |
| 2020-12-31 | CN¥927.06 Million | CN¥44.41 Million | 0.048x | +551.82% |
| 2019-12-31 | CN¥925.00 Million | CN¥-9.81 Million | -0.011x | -193.20% |
| 2018-12-31 | CN¥919.61 Million | CN¥10.46 Million | 0.011x | -78.43% |
| 2017-12-31 | CN¥1.00 Billion | CN¥52.85 Million | 0.053x | -6.36% |
| 2016-12-31 | CN¥1.01 Billion | CN¥56.94 Million | 0.056x | +93.69% |
| 2015-12-31 | CN¥586.16 Million | CN¥17.04 Million | 0.029x | -74.25% |
| 2014-12-31 | CN¥531.67 Million | CN¥60.02 Million | 0.113x | +27.81% |
| 2011-12-31 | CN¥371.75 Million | CN¥32.84 Million | 0.088x | +89.72% |
| 2010-12-31 | CN¥119.36 Million | CN¥5.56 Million | 0.047x | -49.53% |
| 2009-12-31 | CN¥92.92 Million | CN¥8.57 Million | 0.092x | -4.71% |
| 2008-12-31 | CN¥76.90 Million | CN¥7.44 Million | 0.097x | -- |